CLYM
NASDAQ · Biotechnology
Climb Bio Inc
$6.78
+0.10 (+1.50%)
CLYM News30 articles
Mortgage Rates Climb to 6.55% as Treasury Yields Surge, Dampening Housing Demand
Mortgage rates increased Tuesday, with the 30-year fixed rate reaching 6.55% as Treasury yields climbed. Mortgage applications dropped 10.9% last week, reflecting continued buyer sensitivity to higher borrowing costs.
Denison Mines Advances Phoenix Uranium Project as Shares Climb
Denison Mines shares gained 3% as the company moves from permitting to construction at its Phoenix in-situ recovery uranium project. The mine is Canada's first major uranium construction approval in over two decades.
Mortgage Rates Surge Past 6.5% as Bond Yields Climb, Housing Data Weakens
U.S. mortgage rates jumped above 6.5% on Friday, reaching their highest level since early September. The surge follows a climb in the 10-year Treasury yield toward 4.37%, with market expectations for Federal Reserve rate cuts fading.
Mortgage Rates Climb as Treasury Yields, Oil Prices Pressure Housing Market
U.S. mortgage rates increased this week, with the 30-year fixed average reaching 6.22% and daily readings hitting 6.53%, the highest level since September. Rising Treasury yields and oil prices are pushing borrowing costs upward.
Mortgage Rates Climb, Squeezing Spring Housing Momentum
The average 30-year fixed mortgage rate increased to 6.22% this week, contributing to a 10.9% drop in overall loan applications as refinancing activity slowed. Purchase applications showed slight weekly growth but remain volatile year-over-year.
VIX Climbs on Energy Jitters and Inflation Data
Wall Street's fear gauge, the VIX, moved higher Wednesday amid rising oil prices and a hot wholesale inflation report. The crude oil volatility index surged to its highest level since 2020.
Mortgage Rates Climb, Threatening Spring Housing Momentum
U.S. mortgage rates increased to 6.29% this week, reversing a brief dip below 6% and threatening the spring housing market's early momentum. California's median home price reached $830,370 in February, with sales remaining below 300,000 for the 41st consecutive month.
Nubank Gains Industry Influence with Febraban Membership, Shares Climb
Shares of Nu Holdings advanced on Monday after its Nubank unit became a member of Brazil's leading banking association, a strategic step toward securing a full banking license. The digital bank ended 2025 with 131 million customers globally.
Santos Shares Climb on $100 Oil and Moomba Cost-Cutting Initiative
Santos Ltd shares advanced as oil prices broke above $100 a barrel, with the company also announcing a major cost-optimization project at Moomba. The energy producer plans workforce reductions following a profit decline.
Mortgage Rates Surge to 6.41% as Bond Yields, Oil Prices Climb
U.S. mortgage rates jumped sharply this week, with the 30-year fixed rate reaching 6.41% as Treasury yields and oil prices rose. The increase complicates the spring homebuying season and has already impacted homebuilder earnings.
Mortgage Rates Climb, Housing Stocks Retreat Amid Mixed Data
Mortgage rates increased this week, with the average 30-year fixed loan reaching 6.11%. Housing starts and permits declined in January, though mortgage applications rose. Major homebuilder and lender stocks traded lower.
Stocks Climb as Oil Plunge Eases Stagflation Fears, Tech Leads
Major U.S. stock indexes rose Tuesday as a sharp drop in oil prices tempered stagflation worries. Technology shares led gains while energy and airline stocks declined.
Futures Climb as Oil Plunge Lifts Travel Stocks Ahead of Key Data
U.S. equity futures advanced Tuesday, buoyed by a sharp drop in crude oil prices following geopolitical comments. Airline stocks gained premarket, while energy shares declined.
UK Mortgage Rates Climb as Rate Cut Expectations Evaporate
Major UK lenders, including NatWest and Barclays, are increasing mortgage rates for both new and existing customers, reversing a brief period of declines. The average two-year fixed rate has risen to 4.84%, while mortgage approvals have fallen to a two-year low.
Argentina's Merval Climbs on Oil Surge, Inflation Data Looms
Argentina's benchmark stock index posted a Friday rebound led by energy shares, yet closed the week lower amid bond market stress and heightened inflation forecasts.
Silver Retreats as Dollar, Yields Climb Ahead of Key Jobs Data
Silver prices declined on Thursday, with the metal and related equities pressured by a stronger U.S. dollar and rising Treasury yields. Traders await Friday's U.S. employment report for direction.
ULSD Futures Surge 10% on Middle East Supply Fears, Diesel Prices Climb
U.S. heating oil futures soared 9.8% Thursday, hitting a one-year high amid Middle East supply risks. Brent crude topped $84, while average U.S. diesel prices rose to $4.04 a gallon.
Mortgage Rates Climb, Pressuring Lender and Homebuilder Stocks
Mortgage rates increased on Tuesday, with the 30-year fixed rate reaching 6.15%. Major mortgage lenders and homebuilder ETFs declined as rising Treasury yields weighed on the sector.
Robinhood Shares Climb on Bitcoin Rebound, Keynote in Focus
Robinhood Markets saw its stock advance close to 4% on Monday, supported by a recovery in bitcoin prices. Investor attention now shifts to the company's upcoming 'Take Flight' keynote for potential product announcements.
Qatar LNG Halt Sparks Global Gas Price Surge, U.S. Futures Climb
U.S. natural gas futures jumped Monday after Qatar halted LNG production following Iranian drone strikes, sending European and Asian prices soaring. Market focus shifts to Thursday's U.S. storage data and Gulf shipping security.
Ondas Shares Climb on Defense Sector Momentum Amid Middle East Tensions
Ondas Inc. shares advanced 4.1% to $10.49 in premarket activity Monday, lifted by broader defense sector strength following military strikes in the Middle East. The autonomous drone and counter-drone technology firm has announced several significant contracts in recent weeks.
Fresnillo Stock Climbs Despite Valuation Concerns Ahead of Earnings
Fresnillo shares gained 1.1% in early London trading, continuing a strong 2024 rally. Valuation models suggest the stock may be significantly overvalued as investors await full-year results.
Spotify Shares Climb on Audiobook Charts Launch, Analyst Upgrade
Spotify shares rose 3.9% to $514.94 Friday, buoyed by new audiobook features and an analyst upgrade citing margin improvement. The stock slightly retreated in after-hours trading.
Visa Climbs to $320 as Markets Eye Inflation Data
Visa shares advanced 1.09% to close at $320.14 on Friday, marking a fourth consecutive session of gains. The move occurred as producer price data fueled speculation the Federal Reserve may delay interest rate cuts.
Gasoline Futures Rally on Tight Supply, Pump Prices Poised to Climb
U.S. gasoline futures held a significant weekly gain near $2.01 a gallon, supported by a substantial inventory draw and rising demand. The national average pump price sits at $2.92, with refiners Valero and Phillips 66 seeing share gains.
AppLovin Shares Climb on Social Platform Development Signals
AppLovin shares gained 3.3% to $425.74 after indications emerged that the mobile advertising firm is developing a social platform. The company is hiring a founding backend engineer in Singapore for the project.
Diageo Shares Climb on Reports of Executive Overhaul Ahead of Key Results
Diageo shares gained more than 3% after reports surfaced that CEO Dave Lewis is preparing a significant overhaul of the company's top leadership. The market's attention now shifts to the interim results briefing scheduled for February 25.
CBA Shares Climb as Rate Outlook Firms, Dividend Nears
Commonwealth Bank of Australia advanced 0.8% to close at A$179.67 on Friday, buoyed by sector strength and a firming outlook for interest rates. Investors await the bank's interim dividend payment on March 30.
FTSE 100 Climbs to New Peak on Cooling UK Inflation
London's FTSE 100 index surged to a new all-time high after UK inflation data showed a welcome cooldown, strengthening expectations for an imminent Bank of England interest rate cut.
Barratt Redrow Shares Climb on Buyback Activity Amid Shifting Rate Expectations
Barratt Redrow's stock advanced 2.4% in early London trading following a share buyback, while market focus shifts to upcoming UK inflation figures and potential Bank of England policy moves.